March 17, 2022
The oracle of selection of stocks in which Buffet has never put a foot wrong has made him the Oracle of Omaha. From Rags to Riches, Warren Buffet's rise to 6K to 12,000 Crores USD : A Strategic overview.
To explore the journey, Buffet's immaculate decisions in the forums of financial investment, stocks, and partnerships with textile conglomerates have made him a role model for strategic plans set in place.
At the age of 20, Buffet's net worth was $6,000 USD. Jump to the current day, his net worth stands at a staggering 11,990 crores USD. In 1941, at the age of 11, Buffet purchased his first stock in Cities Services at $38 per share.
The first million was created via running a hedge fund at age 30 in the year 1960. It took him 13 years to become a millionaire and 33 years to become a billionaire at the age of 55.
SBF rise can be drastically mapped with a physics degree from MIT going onto working in a wall street Jane street in 2014 to founding Alamada Research a crypto trading firm.
SBR rise to Billions can be zeroes down to his sense of identifying the price discrepancies that existed in the global markets.
The price discrepancies was further leveraged by SBR to establish a monopoly and monetary funding source through ultimately dominating the crypto trading market.
The FTX exchange was path breaking revolution orchestrated by SBR to further increase his net worth to what is stands today: $22 billion. FTX a 3 years old company is more valuable than Twitter, Nasdaq and Deutsche bank.
Upon overlooking the two billionaires. One with years in the making and one to get to the top at the snap of a finger.